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Employee Lifecycle Management
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đź“„ View employee payroll information summary at a gl
đź“„ View employee's salary revision history
đź“„ View employee's salary revision analytics
đź“„ Plan employees' salary revision
đź“„ Add/Revise employee's salary
đź“„ Approve/Reject salary revisions
đź“„ Calculate and process employee's arrears
📄 Update employee’s LOP days
đź“„ Map PF KYC documents
📄 Update employees’ PAN status
đź“„ Claim reimbursement on behalf of an employee
đź“„ Create, view and edit loan
📄 Hold employee’s salary payout
📄 Release employee’s held salary
📄 Process employees’ payroll
đź“„ Stop employee's salary processing
đź“„ Manage employees' direct salary transfer
đź“„ View and edit income tax (IT) components
đź“„ Manage income tax (IT) declaration
📄 Release, lock, and consider employees’ income tax
đź“„ Declare income tax on behalf of an employee
đź“„ Manage Flexible Benefits Plan (FBP)
đź“„ Create and release FBP plan
đź“„ Declare FBP on behalf of an employee
đź“„ Record remittance details
đź“„ Lock payroll and release payslips for selected em
đź“„ Consider POI declarations for payroll processing
đź“„ Customize POI settings
đź“„ Release and manage POI declaration form
đź“„ Download employees' quick salary statement
đź“„ View and download payroll difference report
đź“„ Re-release and consider POI submissions
đź“„ Generate employees' payroll statement
đź“„ View payslip template gallery
đź“„ Generate journal voucher
📄 Generate and send employees’ payslips
đź“„ View and download employee's payslip
đź“„ View and download employee's reimbursement paysli
đź“„ View and download employee's overtime payslip
đź“„ View and download employee's CTC payslip
đź“„ View and download employee's YTD summary
đź“„ View and download employee's PF YTD statement
đź“„ View and download employee's reimbursement statem
đź“„ View and download employee's loan statement
đź“„ View and download employee's Income Tax (IT) Stat
đź“„ View and download overtime register
đź“„ Generate Form 16 with Part A and Part B
đź“„ Download challan status inquiry (CSI) file
đź“„ Generate Form 24Q
đź“„ Download employees' cheque/cash statement
đź“„ Process employee's full and final settlement
đź“„ Process full and final settlement of a contract e
📄 Process employee’s resettlement
đź“„ View budget changes for FY 2024-25
đź“„ View income tax slabs
đź“„ Lock reimbursement claim date for employees
đź“„ Complete leave year-end activities using greytHR
📄 Import employees’ IT declarations using IT Declar
đź“„ Restrict POI declarations for specific tax sectio
đź“„ Reject, lock, and delete POI forms
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Payroll Management

Plan employees' salary revision

Updated in July - 2024 | Subscribe to watch greytHR how-to video

A salary revision planner is used by employers or human resources professionals to plan and implement salary revisions for their employees. The planner typically includes information on the current salary structure, market trends, and budgetary constraints, and helps to ensure that the salary revision process is fair, transparent, and effective.

The Revision Planner is an Integrated tool within the greytHR application for what-if analysis of salary revision. The Revision Planner page in the greytHR Admin portal helps you to create numerous salary change scenarios based on the required criteria. You can also generate and download the employee-wise reports based on the Salary Increment/Salary Deferment/Salary Cut percentage and Salary slab.

To view the Revision Planner page, click Payroll > Admin > Revision Planner.

Create Revision Planner

To create a revision planner, perform the following actions:

  1. On the Revision Planner page, click Create new analysis. A form appears.

  2. Under Step 1: Your Goal, from the Goal dropdown list, select the required option.

  3. From the CTC Salary Item dropdown list, select the required salary item.

  4. In the Goal % text box, enter the required percentage. Based on your choices, you can now view the Goal Amount, Current Salary Amount, Revised Salary Amount, and the Total Employee Count.

  5. Click Next to continue.

  6. Under Step 2: Salary Band, from the Band Frequency dropdown list, select the required slab frequency. Salary slabs appear on the table.

  7. Under the Percentage column, left-click the cells to edit the percentage as per your requirements.

  8. Based on your changes, you can view a comparison of Goal Summary, Actual Amount, and Variations.

  9. Click Finish to save the revision planner. On the Revision Planner page, you can now view the comparison of Goal Summary, Actual Amount, and Variations. You can also view the list of employees with their details such as Salary Band, Current Salary Amount, Difference, and Revised Salary Amount.

Note:

  • Click Export Excel to download the revision planner.

  • Click Close to create another revision planner.

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